IPO Alert: Metro Brands Ltd.

Incorporated in 1977, Metro Brands is one of the largest Indian footwear speciality retailers, and is among the aspirational Indian brands in the footwear category. Metro Brands operated 598 Stores across 136 cities spread across 30 states and union territories in India as of September 2021.

Bid/Offer Opens OnFriday, 10-Dec-21
Bid/Offer Closes OnTuesday, 14-Dec-21
Price BandRs. 485 - Rs. 500 per equity share
Lot Size30 Shares

How to apply via Web Platform

The below table has important dates with respect to the IPO allotment and listing.

Finalization of Basis of Allotment17-Dec-21
Initiation of Refunds20-Dec-21
Credit of Shares to Demat Acct21-Dec-21
IPO Shares Listing Date22-Dec-21
UPI mandate expiry date23-Dec-21

How to Check Allotment Status

In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date as mentioned in the above table. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.

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